Gregory Mason Family Foundation
Private foundation · Toronto, Ontario · BN 804294338RR0001 · Foundations Advancing Education
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($78,052) as filed with the CRA.
Gregory Mason Family Foundation is a private foundation based in Toronto, Ontario, classified by the CRA under foundations advancing education. In its fiscal year ending December 31, 2024, it reported $131K in revenue and $78K in expenditures.
Compared with 1,764 education charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 48% of peers. Its reserves, measured in years of spending on hand, sat in the top decile of the group.
As a grantmaker, it reported gifts to 6 qualified donees totalling $64K in 2024, the largest being $15K to Big Brothers Big Sisters of Toronto. Revenue has grown substantially over its filings on record here, from $31K in 2020 to $131K in 2024. Its filed list of directors and trustees shows 2 names.
In its own words
The purpose of the Foundation is to provide scholarships to eligible students pursuing post-secondary education and as a result the individuals are not chosen until June and the funds are applied before the fall semester. The Foundation also provides donations to registered charitable organizations.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $131K | $78K | — | — | $64K | $1.8M |
| 2023 | $205K | $72K | — | — | $60K | $1.7M |
| 2022 | $767K | $11K | — | — | — | $1.5M |
| 2021 | $105K | $65K | $60K | — | — | $835K |
| 2020 | $31K | $8,000 | $8,000 | — | — | $775K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $64K to 6 qualified donees:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Gregory Mason (president); Gordon Love (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Gregory Mason Family Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 804294338RR0001), or read how we compute the receipt.